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Registered number: 08917862
DEMETER HOLDINGS LTD
Unaudited Financial Statements
For The Year Ended 31 December 2025
Fusion Accountants Ltd
ICAEW, ATT
Contents
Page
Company Information 1
Accountant's Report 2
Balance Sheet 3—4
Notes to the Financial Statements 5—7
Page 1
Company Information
Directors William Bartholomew Robin Stagg
William Robert Falconer
Company Number 08917862
Registered Office 25 Southampton Buildings
London
England
WC2A 1AL
Accountants Fusion Accountants Ltd
Profile West, 950 Great West Road
Suite E, Ground floor
Brentford
TW8 9ES
Page 1
Page 2
Accountant's Report
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of DEMETER HOLDINGS LTD for the year ended 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of DEMETER HOLDINGS LTD for the year ended 31 December 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of DEMETER HOLDINGS LTD , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of DEMETER HOLDINGS LTD and state those matters that we have agreed to state to the directors of DEMETER HOLDINGS LTD , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DEMETER HOLDINGS LTD and its directors, as a body, for our work or for this report.
It is your duty to ensure that DEMETER HOLDINGS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of DEMETER HOLDINGS LTD . You consider that DEMETER HOLDINGS LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of DEMETER HOLDINGS LTD . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
27/06/2026
Fusion Accountants Ltd
Profile West, 950 Great West Road
Suite E, Ground floor
Brentford
TW8 9ES
Page 2
Page 3
Balance Sheet
Registered number: 08917862
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,311 1,547
Investments 5 972,396 933,455
981,707 935,002
CURRENT ASSETS
Debtors 6 2,213,718 1,746,224
Cash at bank and in hand 3,470 12,749
2,217,188 1,758,973
Creditors: Amounts Falling Due Within One Year 7 (1,717,035 ) (856,461 )
NET CURRENT ASSETS (LIABILITIES) 500,153 902,512
TOTAL ASSETS LESS CURRENT LIABILITIES 1,481,860 1,837,514
Creditors: Amounts Falling Due After More Than One Year 8 (612,187 ) (968,090 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (156,553 ) (156,553 )
NET ASSETS 713,120 712,871
CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 823,961 823,961
Profit and Loss Account (110,941 ) (111,190 )
SHAREHOLDERS' FUNDS 713,120 712,871
Page 3
Page 4
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
The financial statements were approved by the board of directors on 27 June 2026 and were signed on its behalf by:
William Robert Falconer
Director
27/06/2026
The notes on pages 5 to 7 form part of these financial statements.
Page 4
Page 5
Notes to the Financial Statements
1. General Information
DEMETER HOLDINGS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08917862 . The registered office is 25 Southampton Buildings, London, England, WC2A 1AL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
Presentation currency
Monetary figures for this client's accounts will be reported in United Kingdom, Pounds sterling £.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles depreciated on straight line method 20% on cost.
Fixtures & Fittings depreciated on straight line method 25% on cost.
Computer Equipment depreciated on straight line method 25% on cost.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 6)
5 6
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2025 - 300 2,272 2,572
Additions 5,538 - 3,540 9,078
As at 31 December 2025 5,538 300 5,812 11,650
Depreciation
As at 1 January 2025 - 115 910 1,025
Provided during the period 554 75 685 1,314
As at 31 December 2025 554 190 1,595 2,339
Net Book Value
As at 31 December 2025 4,984 110 4,217 9,311
As at 1 January 2025 - 185 1,362 1,547
Page 5
Page 6
5. Investments
Subsidiaries
£
Cost or Valuation
As at 1 January 2025 933,455
Additions 39,131
Disposals (190 )
As at 31 December 2025 972,396
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 972,396
As at 1 January 2025 933,455
Subsidiary:
£933,165 of investments in Demeter Ghana Ltd (company incorporated in Ghana) is a subsidiary with 90% ownership
£0 of investments in Demeter Acacia Trading Ltd (company incorporated in UK) is a subsidiary with 50% ownership
£0 of investments in OKO Environmental Holdings Ltd is a subsidiary with 41% ownership
£100 of investments in Frafra Baskets Ltd is a subsidiary with 90% ownership
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,501,560 101,191
Amounts owed by group undertakings 179,612 893,412
Other debtors 532,546 751,621
2,213,718 1,746,224
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,169,600 22,159
Other creditors 430,129 731,547
Taxation and social security 117,306 102,755
1,717,035 856,461
Page 6
Page 7
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 22,059 27,083
Other creditors 590,128 941,007
612,187 968,090
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
100 Ordinary shares of £1 each
Page 7